EddieJayonCrypto

 14 Oct 24

tl;dr

Grayscale has announced a review of 35 altcoins for potential inclusion in its investment products, categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. The list may change quarterly based on project re-evaluation. Grayscale al...

Grayscale is reviewing 35 altcoins for potential inclusion in future investment products, categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.

Grayscale's list of 20 altcoins with high potential for Q4 2024 includes six new names compared to Q3, reflecting a focus on areas like AI, DePin, and prediction markets.

Grayscale's SUI Trust, launched in August, has surged by nearly 300% and hit a new high of $2.36, showcasing strong performance.

Grayscale has announced a review of 35 altcoins for potential inclusion in its investment products, categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. The list may change quarterly based on project re-evaluation. Grayscale also revealed a list of 20 altcoins with high potential for Q4 2024, including six new names, reflecting a focus on areas like AI, DePin, and prediction markets. Grayscale Investments currently manages over $20 billion worth of digital assets.

Grayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products. The investment community often views Grayscale’s candidates as a reference point for building their portfolios.

GRAYSCALE’S POTENTIAL CANDIDATES FOR Q4

According to an official announcement, Grayscale is reviewing 35 altcoins for possible inclusion in its future investment products. These altcoins are categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. “Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product,” Grayscale explained.

Grayscale Crypto Sector Assets Under Consideration

Currencies
Kaspa (KAS)

Smart Contract Platforms
Aptos (APT)
Arbitrum (ARB)
Celestia (TIA)
Celo (CELO)
Core (CORE)
Cosmos (ATOM)
Internet Computer (ICP)
Mantle (MNT)
Metis (METIS)
Neon (NEON)*
Optimism (OP)
Polygon (POL ex. MATIC)
Sei (SEI)
Starknet (STRK)
Toncoin (TON)
TRON (TRX)

Financials
Aerodrome (AERO)
Ethena (ENA)
Injective Protocol (INJ)
Jupiter (JUP)
Mantra (OM)
Ondo Finance (ONDO)
Pendle (PENDLE)
THORChain (RUNE)

Consumer & Culture
Dogecoin (DOGE)
Immutable (IMX)

Utilities & Services
Akash (AKT)
Arweave (AR)
Artificial Superintelligence Alliance (FET)
Helium (HNT)
Pyth (PYTH)
UMA Project (UMA)
VeChain (VET)
Worldcoin (WLD)

Additionally, Grayscale noted that this list could change each quarter depending on the re-evaluation of these projects.

Recently, Grayscale also revealed a list of 20 altcoins with high potential for Q4 2024. This list includes six new names compared to Q3, such as Optimism (OP), Sui (SUI), Bittensor (TAO), Celo (CELO), UMA Protocol (UMA), and Helium (HNT). The addition of these new names reflects Grayscale’s focus on areas like AI, DePin, and the prediction markets.

The asset manager launched Grayscale SUI Trust

More about

Technical Analysis Report

Summary:

After conducting a thorough analysis of the market charts and various technical indicators, it is evident that the stock is currently at a critical support level. The Relative Strength Index (RSI) is displaying a bullish divergence, indicating a potential reversal in the near term. Additionally, the moving averages have recently formed a bullish crossover, further supporting the likelihood of an upward price movement. However, it is essential to remain cautious as the stock is approaching a significant resistance level, which may result in a potential pullback. The Bollinger Bands are also indicating a period of increased volatility, adding to the uncertainty of the current market conditions. While the overall outlook appears optimistic, it is crucial to monitor the price action closely for confirmation of a sustained uptrend.

More about MicroStrategy Incorporated

MicroStrategy Incorporated Analysis Summary

MicroStrategy Incorporated provides global business analysis software and services. The company is headquartered in Tysons Corner, Virginia.

Sector: TECHNOLOGY

Industry: SERVICES-PREPACKAGED SOFTWARE

Market Cap: 43,076,686,000

Dividend Yield: None

Revenue: 480,634,000

EPS: 2.901

P/E Ratio: -1.87

Current Stock Price: 201.97

52-week Change: -0.775

52-week Change %: -0.074

More about General Dynamics Corporation

General Dynamics Corporation Stock Analysis

General Dynamics Corporation (GD) is an American aerospace and defense corporation headquartered in Reston, Fairfax County, Virginia.

Industry Sector

Manufacturing, Ship & Boat Building & Repairing

Key Statistics

Market Cap: $82.28 billion

PE Ratio: 23.36

EPS: 5.48

Dividend Yield: 12.82

52-Week High: $164.48

52-Week Low: $78.90

Shares Outstanding: 449.46 million

Volume: 20.00 million

Revenue: $32.58 billion

Return on Equity: 20.7%

Debt to Equity: 0.18

More about Alpha Pro Tech Ltd

Alpha Pro Tech Ltd,Alpha Pro Tech, Ltd., develops, manufactures and markets a range of disposable protective garments, infection control and construction products in the United States and internationally. The company is headquartered in Markham, Canada.


Sector: LIFE SCIENCES

Industry: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES

NAICS: 64249000

Current Price: 14.02

Dividend Yield: None

Market Cap: 61090000

Volume: 16.75

EPS: 0.545

PE Ratio: 0.0771

Shares Outstanding: 61090000

Beta: 5.33

Market Cap: 61090000

Market Cap: 0.011

More about Atomera Inc

Atomera Inc Technical Analysis

Atomera Incorporated operates in the manufacturing sector, specifically within the semiconductors and related devices industry. The company's stock currently shows a bearish trend with a decrease of -0.73 points. The trading volume is at 640,000, indicating moderate market interest.

The stock has encountered resistance at the current level, suggesting a potential barrier for upward movement. However, the stock has also demonstrated a minimal positive price change of 0.025 points.

Given the bearish trend and the presence of resistance levels, cautious monitoring of the stock's performance is advisable. The company's headquarters in Los Gatos, California, positions it within a key technology hub, potentially influencing its market dynamics.

More about Neonode Inc

Neonode Inc. Technical Stock Analysis Summary

Neonode Inc. develops optical sensing solutions for touchless touch, touch, gesture detection, and in-cabin monitoring in the United States, Japan, South Korea, China, and internationally. The company is headquartered in Stockholm, Sweden.

Sector: MANUFACTURING

Industry: ELECTRONIC COMPONENTS

Stock Symbol: NEC

Open: 133.01

High: 133.00

Low: -0.72

Close: 0.289

RSI: -2.474

Volume: 4,434,000

RSI: 37

Support Level: 0

Resistance Level: 0.187

More about Oceanpal Inc

OceanPal Inc. is focused on providing ocean freight services.

Industry: ENERGY & TRANSPORTATION

Sub-Industry: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT

Market Cap: 12,558,800

EPS: -3.43

PE Ratio: 3.475

Dividend Yield: -0.581

Volume: 22,098,000

52-Week High: 0

52-Week Low: 0.249

More about Solaris Energy Infrastructure, Inc.
Stock Analysis: Solaris Energy Infrastructure, Inc.

Stock Analysis: Solaris Energy Infrastructure, Inc.

Solaris Energy Infrastructure, Inc. designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company is headquartered in Houston, Texas.

Industry: Technology, Oil & Gas Field Machinery & Equipment

Stock Symbol: 556196000

Current Price: $19.97

Price Change: $0.47

Percentage Change: 0.66%

Relative Strength Index (RSI): 9.56

Bollinger Bands: 0.0719

Volume: 274,799,000

Moving Average: 13.5

Price/Earnings Ratio (P/E): -0.167

Earnings per Share (EPS): -0.043

More about Tanzanian Royalty Exploration Corp

Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.

Industry: ENERGY & TRANSPORTATION

Commodity: GOLD AND SILVER ORES

Market Cap: 111.018M

Dividend: None

Yield: None

Beta: 0

EPS: 0.127

P/E Ratio: -0.0306

Volume: 36,723,000

Avg. Volume: 1.38

Price: 2.549

Change: 0.625

More about Forum Energy Technologies Inc
Forum Energy Technologies Inc Summary

Forum Energy Technologies Inc Summary

Forum Energy Technologies, Inc. designs, manufactures, and distributes products for the oil and natural gas industry in the United States and internationally. The company is headquartered in Houston, Texas.

Company Details

Sector: Technology

Industry: Oil & Gas Field Machinery & Equipment

Market Cap: 191.99B

Dividend Yield: None

EPS: None

Price Change: -2.25

Current Price: 68.64

Change Percentage: -3.35%

Volume: 772.06M

PE Ratio: 30

Beta: -0.578

52-Week High/Low: 0.107

More about Vermilion Energy Inc.

Vermilion Energy Inc.

Vermilion Energy Inc. is engaged in the acquisition, exploration, development and production of oil and natural gas in North America, Europe and Australia. The company is headquartered in Calgary, Canada.

Industry: ENERGY & TRANSPORTATION

Sector: CRUDE PETROLEUM & NATURAL GAS

Market Cap: 1592159000

Dividend Yield: 0.44

Price Change (%): -3.68

Price/Earnings Ratio: 11.19

Relative Strength Index (14): -0.456

Volume: 1812941000

Price to Book Ratio: 13.43

Earnings Per Share (EPS): -0.996

EPS Growth (MRQ) (%): 0.019

More about Sun Communities Inc

Sun Communities Inc Technical Analysis Summary

Sun Communities Inc operates in the Real Estate Investment Trusts sector with a market cap of $16.83 billion.

The current stock price is $249.62 with a price change of $3.74 (1.52%) and a 52-week high/low of $321.11/$145.25.

The Relative Strength Index (RSI) is at 25.99, indicating an oversold condition, while the stock has a positive 0.0199 earnings per share.

The trading volume is $3.21 billion with a beta of -0.417 and a dividend yield of 0.003.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Dec 24
 22 Dec 24
 22 Dec 24